18-20 Gepp Parade
Derwent Park TAS 7009
Contact Agent
Rare Derwent Park Owner Occupier or Development Opportunity with Income
Elders Commercial is pleased to present to the market 18 – 20 Gepp Parade, Derwent Park. The property is strategically located being situated only 6* kms north of Hobart’s city centre with easy access to the Brooker Highway which forms part of Hobart's arterial road network.The property provides a multitude of opportunities with two, low maintenance residential units situated at the street frontage overlooking Prince of Wales Bay, whilst to the rear is a large sealed hardstand and small warehouse available for owner occupation, letting or re-development, the choice is yours.
Property Highlights:
- Well located within the prime and highly sought after Derwent Park industrial precinct with easy access to/from the Brooker Highway
- Site area of 1,856 sqm* in two titles zoned “Light Industrial”
- Good holding income from 2 x 3 bedroom residential apartments with a current total rent of $800 pw
- Ability to owner occupy or lease the warehouse
- Significant hardstand area suitable for further development^ with a site coverage ratio of only 16%*
- Tightly held area with rare opportunity to either owner occupy or re-develop^
For Sale at Offers Over $1.4 million
^STCA
*Approximate
Features
General Features
- Land Area: 1,856sqm
- Commercial Type: Industrial/Warehouse
- Building Area: 404sqm
- Zoning: Light Industrial
Can I afford 18-20 Gepp Parade?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
Calculators
Elders Real Estate Hobart
Enquire about 18-20 Gepp Parade, Derwent Park, TAS, 7009